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Steve Jobs in Good Health

IJ Reilly said:
It is being investigated, and the markets don't seem to agree with your risk assessment. Unless something completely unexpected occurs, the impact on the company will be negligible. As far as the security of my AAPL investment is concerned, I'm more concerned about the CEO's health. If Steve were to leave the company abruptly, I can see the stock falling 20-30% in one day.
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Its good news though that as the investigation goes on and stock prices fall, buy as much as you can and wait, hopefully, for a clean bill of health on Apple for the shares to go way back up, leaving you quids in! Maybe I'm being slightly naive?!

As for Steve, well he doesn't look the same, but then, who knows he could just be having a rough patch, and Apple are confident, so I guess we can't do anything but believe them? Hopefully that day is a long-time ahead yet...

Cheers
 
That is a status quo confession, only pro active, since the SEC was already on their trail.
A proper PR strategy looks different.
 
genehack said:
Why is Steve so quiet in this foul stock option scenario?
At lest they blasted our, the stockholders and customers money.
A proper moralistic trustworthy CEO would step forward and promise full investigation.
Not even his PR guys moved.

Something stinks-
I sold my shares today-unless this is investigated, AAPL is a maximum risk
investment.
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People are not taking this stockoptions investigations seriously. There is serious evidence apple was backdating its stockoptions grants and the underlying investigation may force steve to step down

IJ Reilly said:
Hardly. Notice, I said "arguably," which means company officials may or may not be held responsible for making misleading statements about this or any other subject that stockholders might find relevant. Apple may choose to stonewall an issue of this kind, calculating that it's worth risking indeterminate consequences later to avoid the certain downside consequences of saying something today.
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Of course there isnt the element of certainty to it, but is seteve was ill, and apple came to the public to say he was not, and its later proven that he was agonizing at that point in time, it can be considered that apple had made an unlawful statement that harmed investors. Managers could be personally liable for such decision and, ultimately, end up in jail for fraud. If, however, steve is well, as im sure he is, then there would be no reason to worry about making such a statement.

What i understand from your argument is that they may or may not mind incurring in fraud by being negligent, and therefore might chose to be so because that would be more suitable to apples current public image and, consequently, its stock price
 
manic said:
Of course there isnt the element of certainty to it, but is seteve was ill, and apple came to the public to say he was not, and its later proven that he was agonizing at that point in time, it can be considered that apple had made an unlawful statement that harmed investors. Managers could be personally liable for such decision and, ultimately, end up in jail for fraud. If, however, steve is well, as im sure he is, then there would be no reason to worry about making such a statement.

What i understand from your argument is that they may or may not mind incurring in fraud by being negligent, and therefore might chose to be so because that would be more suitable to apples current public image and, consequently, its stock price
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You define it as fraud, as if you are certain. You say Steve is in good health, as if you are completely sure. I can't be so confident of either, and I don't understand how anyone can profess such certainty about things they can know so little about factually. In reality, Apple has released only the sparest details on Steve's health, from the very start of this episode. The bare minimum. So when they say now that his health is "robust" and nothing more, this is in keeping with Apple's policy of giving the public little information of real substance about it.
 
No keynote again this year??? :( Damn, that sucks. I was really looking forward to it. Oh well, there's always MacWorld. :) Hopefully we'll still see some new products.
 
IJ Reilly said:
You define it as fraud, as if you are certain. You say Steve is in good health, as if you are completely sure. I can't be so confident of either, and I don't understand how anyone can profess such certainty about things they can know so little about factually. In reality, Apple has released only the sparest details on Steve's health, from the very start of this episode. The bare minimum. So when they say now that his health is "robust" and nothing more, this is in keeping with Apple's policy of giving the public little information of real substance about it.
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Im not trying to nitpick, but you are not reading my words correctly. Im not asserting they are lying about steves health and, therefore, misleading public opinion/ frauding investors. Im saying that there is good reason for them not to lie and, therefore, they are probably saying the truth. While my conclusion is far from free of being erroneous, it indicates that their statement about steves robust health is more trustworthy than it would be had it not have these legal implications.

by the way, if they were lying deliberatly to hide something that could hinder investors confidence, than it would be fraud, yes. However, im not saying thats the case.
 
manic said:
Im not trying to nitpick, but you are not reading my words correctly. Im not asserting they are lying about steves health and, therefore, misleading public opinion/ frauding investors. Im saying that there is good reason for them not to lie and, therefore, they are probably saying the truth. While my conclusion is far from free of being erroneous, it indicates that their statement about steves robust health is more trustworthy than it would be had it not have these legal implications.

by the way, if they were lying deliberatly to hide something that could hinder investors confidence, than it would be fraud, yes. However, im not saying thats the case.
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I get your point, but I'm saying I think the policy continues to be vagueness and ambiguity, not lying. It could be for instance that the thinner, less vigorous Steve we see today is the result of ongoing cancer treatment. Technically, he might be in "robust health" (e.g., not currently ill), but still be undergoing an aggressive treatment regime, which can be very wearing on a person. We don't know, because Apple and Steve don't share this information with the public.
 
True, their wording is vague and leaves room for denial through legal technicalities. What I was trying to do is what analysts do, though. try to obtain information by reading between the lines.
 
manic said:
True, their wording is vague and leaves room for denial through legal technicalities. What I was trying to do is what analysts do, though. try to obtain information by reading between the lines.
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Always dangerous. The people who do this for a living often get it wrong. In any event, I don't think we're talking so much legal technicalities as rhetorical ones. I don't believe Apple is obligated to report Steve's medical status in a complete or detailed manner, even assuming they know it. Where I think they could get themselves in trouble is if they know he's about to quit due to his health and keep it secret until it actually happens, especially if insiders trade the stock on this information. There's a big gray zone between telling us everything we might want to know and being deliberately misleading. Keep in mind also that medical records are explicitly confidential. Steve can tell the board whatever he wants about his health status, or nothing at all, and they are in no position to verify it.
 
p0intblank said:
No keynote again this year??? :( Damn, that sucks. I was really looking forward to it. Oh well, there's always MacWorld. :) Hopefully we'll still see some new products.
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Nah, there will be more keynotes this year. They just wont be scheduled until like a week before. Remember last year? The iPod Nano keynote, the iPod 5th Gen keynote, the "Fun Products" keynote in Feb, etc were all not scheduled until a week or two before the actual event.
 
In either case, my wish is that steve jobs is in perfect health a man like jobs doesnt come by very often in this often stale and bland world of ours, i mean without steves creativity and charisma what would the world come to?

LONG LIVE STEVE JOBS!!!!!
 
Iggy said:
Well I'm very glad his health is "robust."
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Am I the only one who remembers "The sum of all fears"
I am to be described as Robust! then he dies lol.

Granted I def don't want to see that here but I thought the same thing of steve... he just does not look... well
 
Steve is ok.

The stock problem is one shared with many companies (stock law changed, standard practices did not adjust in time, adjustments are being made now) and the potential loss of Jobs from the CEO slot is overblown.

My gut says so.

I think the lack of RDF in the last Keynote was from the new voices on stage, its hard sharing the scene with new faces. You never really know how they will take to the spotlight and the pressure.

For someone as meticulous as SJ, it would be a hard presentation to give.
 
IJ Reilly said:
Only the overweight ones.
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Not all of them. Otherwise they wouldn't continue to be overweight. Er, not that it's always easy, believe me I know. And there are some skinny people who are trying to be skinnier. Look at Nicole Ritchie. :eek:

I'd rather continue to hope for the best of the situation rather than worry about what might be. which is odd because I'm a pessimist.
 
solvs said:
Not all of them. Otherwise they wouldn't continue to be overweight. Er, not that it's always easy, believe me I know. And there are some skinny people who are trying to be skinnier. Look at Nicole Ritchie. :eek:

I'd rather continue to hope for the best of the situation rather than worry about what might be. which is odd because I'm a pessimist.
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"A pessimist is someone who has had to listen to too many optimists." (Don Marquis) ;)

I'd like to be an optimist too, if only because I've got too much of my own money at stake. I just can't take official statements much as evidence, especially when they're so vague. I was trying to discount for anorexia... do you suppose Steve might be seeking a second career as a super-model?
 
IJ Reilly said:
do you suppose Steve might be seeking a second career as a super-model?
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I think he already tried that a couple of years ago... didn't work out so well.

219268PUwt_w.jpg
 
He did look rather thin at the keynote. But I'm glad to hear that he is in full health. I thought he was preparing that younger guy to take his place. But apparently not.:p
 
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